Short Positions: โก๏ธEntry Point: If the price breaks below $593.1 with strong volume, consider entering a short position. โน๏ธStop Loss: Place a stop loss just above the recent high of around $603.6 to manage risk. โน๏ธTake Profit: Set initial take profit targets at psychological levels like $590 and $585.
Long Positions: โก๏ธEntry Point: Consider entering a long position if the price shows a strong reversal and moves above the MA(7) around $595.6 with significant buying volume. โน๏ธStop Loss: Place a stop loss just below the recent low at $593.1. โน๏ธTake Profit: Set initial take profit targets at $598 (MA(25)) and $600 (MA(99)).
Brief explanation on how BULLRUN works and what will become of it
Firstly๐ซต๐ฝ.. Bull run in crypto refers to a significant and sustained price increase in cryptocurrencies, particularly Bitcoin, over a prolonged period. It's a market trend where investor sentiment is overwhelmingly positive, leading to a surge in demand and prices.
Characteristics of a crypto bull run:
1. Rapid price appreciation: Prices rise rapidly, often exceeding 100% or more in a short time frame. 2. Increased adoption: More people become interested in cryptocurrencies, driving up demand and prices. 3. Media attention: Mainstream media coverage increases, drawing in new investors and fueling the rally. 4. Market enthusiasm: Investor sentiment is highly optimistic, with many expecting prices to continue rising. 5. Increased trading volume: Trading activity surges, with high volumes of cryptocurrencies being bought and sold. 6. New market highs: Prices reach new all-time highs, attracting even more investors and fueling further growth.
Some notable crypto bull runs include:
1. 2017: Bitcoin rose from around $1,000 to nearly $20,000. 2. 2020-2021: Bitcoin surged from around $10,000 to an all-time high of over $69,000.
Keep in mind that bull runs are often followed by corrections or bear markets, where prices decline. It's essential to be cautious and do your own research before investing in cryptocurrencies. #BullRunAhead #bullrun2024๐๐ #Bitcoinโ
โ๐ฝ Weโre witnessing some intriguing patterns in the BNX/USDT pair that could present profitable opportunities for both long and short positions in the coming hours. Hereโs what the technicals are telling us: Current Price: 1.3794 USDT 24h Change: +20.79% ๐ต๏ธโโ๏ธ Technical Analysis Overview: 1. RSI (6): At 57.7846, the RSI is hovering near neutral, indicating that neither the bulls nor the bears have taken control yet. This balance could lead to a breakout in either direction. 2. Moving Averages: MA (5): 116,429,991.5 MA (10): 77,693,256.3 ๐ Candlestick Insights: The recent candlesticks show strong bullish momentum, with the price testing higher resistance levels. However, the overextension also hints at potential pullback zones. ๐ Long Signal: If the price breaks above the recent high of 1.4252 USDT with strong volume, it could signal a continuation of the bullish trend. Consider entering a LONG position targeting: Target 1: 1.50 USDT Target 2: 1.60 USDT Stop-Loss: Set a tight stop-loss at 1.35 USDT to manage risk. ๐ Short Signal: If the price fails to sustain above 1.4252 USDT and shows signs of reversal, a bearish pullback might be imminent. Enter a SHORT position if the price falls below 1.35 USDT: Target 1: 1.30 USDT Target 2: 1.20 USDT Stop-Loss: Place a stop-loss at 1.40 USDT to limit potential losses. ๐ Conclusion: Stay alert and watch the price action closely. The BNX/USDT pair is poised for significant moves, and both long and short strategies could yield excellent returns. Trade wisely and always manage your risk. Happy trading! ๐.
#BlumCrypto is the next huge airdrop that will surpass $NOT Backed by Binance Cost: FREE Potential profit: $5-6k They have entered the 7th season of MVB by Binance. The team also includes employees from Binance. Conversion of points into BLUM tokens has been confirmed โ #BLUM #mining4all BULLISH DAY Y'ALL โฅ๏ธ
"Important Update on $NOT Hello everyone, Please be cautious when holding $NOT for now. Both technical and fundamental analyses suggest it's wise to be careful. There isn't enough support to hold onto this cryptocurrency confidently. $NOT might drop another 30% before stabilizing, which could take around a year. However, if you're a long-term investor, it might be worth considering adding #notcoin to your portfolio, as long as it doesn't risk your essential expenses." #notcoin
People saying Tapswap won't print like #Notcoin are new in the industry. Tapswap is a DEX on the Solana Chain. Do you even have an Idea what Solana powered tokens do? Do you want to compare Solana with Ton? As how? Y'all said the same thing that no meme coins can be like Doge, yet Pepe minted, Bonk minted, should I keep counting? Don't listen to naysayers just tap tap tap! Share with friends now
Notcoin is down by almost 40% from the price of listing...it might not seem so because what you are seeing is the cumulative pump of days from the farming period.... this is common among Newly launched coins but people don't do due diligence to understand...
Notcoin has great potential but buying now is risky.
BIG CONGRATS To each and everyone that got paid by $NOT AIRDROP , tho is looking bearish But it's a chance for some to buy from dip thanks to #notcoin and #BinanceTopCrypto they did what's right
ATTENTION ๐ข๐ข All the Newbies in this platform, pls be careful. If you don't understand anything, pls ask questions here. I believe that most of you, are experiencing your first Airdrop, pls, guard it well. Irrespective of how small it might look. The best is on the way. Pls guard your money. Na your tapping reward ๐.
BINANCE users !! let's take a chill pill ๐๐ and exercise some patience your #Notcion will soon reflect on your wallet in no time ๐๐ฝ #BinanceLaunchpool
The distribution of #NOT_coin commenced since yesterday for BYBIT and OKX users which will soon be followed by BINANCE users today let's anticipate ๐ #BinanceLaunchpool #NOTLAUNCHPOOL
โ๏ธ Notcoin will be listed on #BinanceTopCrypto , at the same time the native coin of its Network - TON still doesn't โ๏ธ If my price prediction is right and $NOT price will reach $0.1. Notcoin's Market Cap will be half of the TON's Market Cap. We have no other examples when the meme/GameFi token was equal to HALF of its Network coin๐คฏ
I really hope that #Notcoin will definitely change the crypto world ๐คฉ ๐ค
NOThing is impossible From the launch on the first day of 2024 year, the hypergrowth with zero marketing, to the listing on Binance and crazy distribution. Notcoin doesn't need to obey the existing crypto market expectations. It can be anything.
#BinanceTopCrypto Binance OKX Bybit Kucoin Gate Bitget Bitfinex and others
Trading opens May, 16
6:00 San Francisco 9:00 New York 12:00 UTC 13:00 London 14:00 Prague 15:00 Kyiv/Moscow 15:30 Tehran 16:00 Dubai 17:00 Tashkent/Orenburg 17:30 Delhi 20:00 Hong Kong 21:00 Kyoto
โ๏ธ We should be ready for huge volatility and technical issues on the exchanges, due to the huge number of traders โ๏ธ Pre-Market price now is about $0.009 - $0.01 and I still think that the price after launching will be $0.08 - $0.1 โ๏ธ At the same time, selling pressure will be unprecedentedly strong. if you want to sell on the 1st day, watch the chart carefully